Bitcoin News

Bitcoin News

Markets

Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy

Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.

Bitcoin ATMs (John Paul Cuvinar/Unsplash/Modified by CoinDesk)

Markets

Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most

Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.

Expiring futures contracts, a legacy of physical commodity pits, are coming to a decentralized crypto exchange. (Jeremy Kemp via Wikipedia, modified by CoinDesk)

Markets

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets

Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.

Bitcoin treasuries (Coindesk)

Tech

DeFi's new front: VerifiedX bets bitcoin's next chapter is programmable, private

VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving transactions without synthetic wrappers, targeting growing institutional demand for native DeFi on the original blockchain system.

Bitcoin (CoinDesk)

Markets

Bitcoin gives up Clarity Act gains as macro rout wipes out leveraged crypto bulls

Stocks, gold and crypto slid on Friday while crude oil topped $100 and traders repriced Fed expectations for rate hikes.

Bitcoin (BTC) price on Friday, May 15 (CoinDesk)

Markets

Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales

Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

IREN closes $3 billion convertible notes deal amid AI infrastructure expansion

Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Markets

Strategy’s STRC stock logs record $1.5 billion trading volume, funds 11,707 bitcoin purchase

Heavy trading volume ahead of the ex-dividend date pushed STRC to its busiest session on record.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)

Markets

Bitcoin is still stuck below its 200-day average. Treasury yields may be the reason.

Rising yields may act as a headwind for assets like bitcoin and gold while potentially benefiting tokenized Treasury markets.

Numbers on page

Markets

Bitcoin hits $82,000, Coinbase leads crypto stock gains as Clarity Act advances

The upbeat public debut of AI chipmaker Cerebras is also helping to lift both crypto and traditional markets.

Bitcoin (BTC) price on May 14 (CoinDesk)